Subscribe to our free daily newsletters
  Space Industry and Business News  

Subscribe to our free daily newsletters

Space Technology Creates Investment Opportunities

From left: Frank M. Salzgeber (acting Head of ESA¿s Technology Transfer Programme Office), Bernd Geiger (Triangle Ventures), Robert Sanders (EBN), Richard Brook (E-Synergy) and Joerg Kreisel (JKIC), speaking, at the ESA Investment Forum 2007 at ESTEC in Noordwijk, the Netherlands, organised by ESA¿s Technology Transfer Programme Office (TTPO) in collaboration with EC-projects FinanceSpace and INVESaT. Credits: ESA
by Staff Writers
Paris, France (ESA) May 24, 2007
The first ESA Investment Forum took place last month at the European Space Research and Technology Centre in the Netherlands. This new event attracted more than 100 participants from all over Europe, including representatives from the finance and investment communities, the European Special Applications Fund and 20 start-up companies.

The Forum was organised by ESA's Technology Transfer Programme Office (TTPO) in collaboration with EC-projects FinanceSpace and INVESaT, The main mission of the TTPO is to facilitate the use of space technology and space systems for non-space applications and to further demonstrate the benefit of the European Space Programme to European citizens.

Over the past 40 years, space programmes have invested time and money in raising technologies to new levels of performance and capability. Many of these technologies have then been transferred to applications on Earth where they have generated countless business opportunities. Examples include satellite-based services for telecommunications, navigation and Earth monitoring.

"The focus of the Investment Forum is to highlight the commercial benefits of satellite and space technology in applications on Earth and to give potential investors an opportunity to meet with a number of start-up companies using spin-offs from space technology," explained Frank M. Salzgeber, acting Head of the TTP office.

During the Forum, 20 selected start-up companies presented their business plans to demonstrate the investment potential in spinning satellite and space technology back into Earth applications.

Presentations covered a broad spectrum of technologies originating from space, including sensors, navigation data, satellite communication and imaging technology and described how these could be applied in diverse industrial sectors such as the automotive, medical, offshore, security, energy, sports and transport industries.

E-Synergy Ltd also made a presentation to introduce their Call for Investment to raise money for the European Special Applications Fund. "E-Synergy is raising private finance to operate a 40 million euro European fund, which will specialise in the commercial application of satellite and space technology to non-space applications," said Richard Brook, founding director of E-Synergy Ltd.

The Investment Forum gave a good overview of the potential commercial benefits emerging from the space sector. Participants were particularly impressed by the selected business cases and welcomed the opportunity to establish valuable contacts between start-up companies and investment communities.

In view of the success of the ESA Investment Forum 2007, ESA's Technology Transfer Programme Office is already planning next year's event.

Related Links
European Special Applications Fund
Space Technology News - Applications and Research

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Improving Security Through Satellite Telecommunications
Paris, France (SPX) May 18, 2007
Two companies are implementing an ESA-supported project to introduce an innovative solution for alarm monitoring and video surveillance via satellite to meet the increasing demand for security systems from the government and corporate market.

  • Academic Group Releases Plan To Share Power Over Internet Root Zone Keys
  • Satellite Enables Mobile Wireless Broadband Services To Conventional Devices
  • Singapore Airlines Selects Rockwell Collins Satellite Communications
  • Couch Potatoes On Track For Virtual World

  • Energia Posts 220 Percent Rise In 2006 Net Profit
  • Russia And ESA Sign Contract For Four Soyuz Launches From Kourou
  • Ariane 5 Achieves Record Performance With Geostationary Transfer Orbit
  • Ariane 5 Launches Twin GEO Birds

  • Australia Fears Jet Flight Guilt Could Hit Tourism
  • Nondestructive Testing Keeps Bagram Aircraft Flying
  • New FAA Oceanic Air Traffic System Designed By Lockheed Martin Fully Operational
  • NASA Seeks New Research Proposals

  • Raytheon's MicroLight Radio Selected For UK Army's FIST Program Testing
  • General Dynamics To Provide Ku-Band Satellite On-the-Move Antenna System To Army
  • Raytheon Awarded USAF Global Broadcast Services Contract
  • Newest Navy Aircraft Unveiled by Northrop Grumman

  • Space Technology Creates Investment Opportunities
  • Pitt Researchers Create New Form Of Matter
  • A Not-So-Heavy Metal As Electrical Conductivity In Textiles Becomes Available
  • Improving Security Through Satellite Telecommunications

  • Hall Appoints Feeney To Top GOP Position On Space And Aeronautics Subcommittee
  • Dodgen Joins Northrop Grumman As Vice President Of Strategy For Missile Systems Business
  • Townsend To Lead Ball Aerospace Exploration Systems In Huntsville
  • NASA Nobel Prize Recipient To Lead Chief Scientist Office

  • Tracking A Hot Spot In The Center Of The Biggest Ocean On Earth
  • MetOp-A Takes Up Service
  • General Dynamics Awarded Contract For NASA's Landsat Data Continuity Mission Study
  • ESA Presents The Sharpest Ever Satellite Map Of Earth

  • Russian Satellite Navigation Devices On Sale This Year
  • GNSS And ESA Sign Cooperation Agreement For Satellite Navigation Technologies
  • Putin Makes Glonass Navigation System Free For Customers
  • EU Sees Public Money Saving Galileo From Drifting Off Course

  • The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement